In the News

What Do We Get With The Federal Reserve’s FedNow Instant Payments?

Written by Ron Shevln | Jul 24, 2023 7:53:00 PM

A survey of banks and credit unions by Cornerstone Advisors found that less than half of banks and just 42% of credit unions expect to offer real-time payments by the end of this year. In fact, nearly a quarter of institutions aren’t sure when they’ll offer it.